CONSTELLATION BRANDS, INC. — Director's Dealing 2006

Jan 12, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2006-01-10

Reporting Person: SUMMER THOMAS S (Executive VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-10	Class A Common Stock	M	44000	$6.5	Acquired	103050	Direct
2006-01-10	Class A Common Stock	S	44000	$26.0686	Disposed	59050	Direct
2006-01-10	Class A Common Stock	M	68800	$8.8713	Acquired	127850	Direct
2006-01-10	Class A Common Stock	S	68800	$26.0686	Disposed	59050	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-10	Non-Qualified Stock Option (right to buy)	$6.5	M	44000	Disposed	2009-04-14	Class A Common Stock (44000)	Direct
2006-01-10	Non-Qualified Stock Option (right to buy)	$8.8713	M	68800	Disposed	2011-04-10	Class A Common Stock (68800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1600	Indirect

Footnotes

F1: Effected pusuant to a Rule 10b5-1 trading plan adopted on August 2, 2005.

F2: 100% of this option has become exercisable.